Demand by Lender. In addition to the terms of the Guaranty set forth in Sections 2.1 and 2.2 hereof, and in no manner imposing any limitation on such terms, it is expressly understood and agreed that, if the then outstanding principal amount of any of the Obligations (together with all accrued interest thereon) is declared to be immediately due and payable, then Guarantor shall, upon demand in writing therefor by Lender to Guarantor but subject to Section 2.6(b) hereof, pay to Lender the entire outstanding Obligations due and owing to Lender.
Appears in 4 contracts
Samples: Guaranty (Polaris Aircraft Income Fund Iii), Guaranty (Polaris Aircraft Income Fund Ii), Guaranty (Polaris Aircraft Income Fund V)
